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InvenTrust Properties Corp. (IVT) Financials

IVT
Trailing 12 months to June 30, 2026
Revenue $317.3M +10.5% YoY
Net Income $15.2M -86.4% YoY
EPS (Diluted) $0.20 -86.1% YoY
Operating Cash Flow $160.7M +11.4% YoY
Market Cap $2.3B as of Oct 21, 2026
Price / Sales 7.2x on $317.3M revenue, trailing 12 months to June 30, 2026
Price / Earnings 150x on $15.2M net income, trailing 12 months to June 30, 2026
Price / Book 1.3x on $1.8B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IVT SEC filings page.

InvenTrust Properties Corp. (IVT) reported $317.3M in revenue over the twelve months to Jun 30, 2026, up 10.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI IVT FY2025

The numbers show a property business where 2025 earnings inflected sharply, but operating cash stayed steadier as leverage rose.

The earnings step-up was unusually large: net income moved from $13.7M in FY2024 to $111.4M in FY2025, a change far larger than the underlying revenue progression. Operating cash flow rose from $136.9M to $155.4M, indicating the profit surge was not matched by an equivalent change in cash economics.

Cash conversion therefore looks more stable than net income, but it is not the same as surplus cash. FY2025 operating cash flow of $155.4M was close to the $144.9M investing outflow. Dividends of $72.8M then added another cash use, so operating cash flow did not cover investing and distributions together.

The margin shape also changed abruptly: revenue growth was modest, yet operating profitability flipped from a loss to a profit, pointing to a major earnings driver beyond ordinary volume growth. Financing posture became somewhat heavier in FY2025: liabilities increased 13.5%, while debt-to-equity ended at 0.5x, even as assets expanded.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

FFO Margin FFOGrowth Leverage Interest Cov. AFFOMargin DividendCov. 69 / 100
Financial Health Score 69/100
Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of InvenTrust Properties Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin
76

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. InvenTrust Properties Corp. scores 76/100 on it among other REITs.

FFO Growth
67

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. InvenTrust Properties Corp. scores 67/100 on it among other REITs.

Leverage
63

InvenTrust Properties Corp.'s net debt of $785.4M, being $825.9M of long-term debt less $40.5M of cash, came to 4.17 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and InvenTrust Properties Corp. scores 63/100 among other REITs.

Interest Cov.
55

InvenTrust Properties Corp.'s operating income of $60.0M covered its interest expense of $34.5M 1.74 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and InvenTrust Properties Corp. scores 55/100 among other REITs.

AFFO Margin
79

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. InvenTrust Properties Corp. scores 79/100 on it among other REITs.

Dividend Cov.
76

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. InvenTrust Properties Corp. scores 76/100 on it among other REITs.

Piotroski F-Score Partial
5/7

InvenTrust Properties Corp. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.39x

For every $1 of reported earnings, InvenTrust Properties Corp. generates $1.39 in operating cash flow ($155.4M OCF vs $111.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
1.74x

InvenTrust Properties Corp. earns $1.74 in operating income for every $1 of interest expense ($60.0M vs $34.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$82.8M
YoY+12.6%
QoQ+0.3%
5Y CAGR+9.7%
10Y CAGR+3.1%

InvenTrust Properties Corp. generated $82.8M in revenue in Q2 2026. This represents an increase of 12.6% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.

EBITDA
$27.4M
YoY-76.1%
QoQ+2.8%
5Y CAGR+7.4%

InvenTrust Properties Corp.'s EBITDA was $27.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 76.1% from the same quarter a year earlier. Against the prior quarter it is up 2.8%.

Net Income
$1.4M
YoY-98.6%
QoQ-73.6%
5Y CAGR-1.8%
10Y CAGR-38.0%

InvenTrust Properties Corp. reported $1.4M in net income in Q2 2026. This represents a decrease of 98.6% from the same quarter a year earlier. Against the prior quarter it is down 73.6%.

EPS (Diluted)
$0.02
YoY-98.4%
QoQ-71.4%
5Y CAGR0.0%

InvenTrust Properties Corp. earned $0.02 per diluted share (EPS) in Q2 2026. This represents a decrease of 98.4% from the same quarter a year earlier. Against the prior quarter it is down 71.4%.

Cash & Balance Sheet

Cash & Debt
$74.9M
YoY-74.5%
QoQ+117.8%
5Y CAGR-15.3%
10Y CAGR-21.2%

InvenTrust Properties Corp. held $74.9M in cash against $1.1B in long-term debt as of Q2 2026.

Dividends Per Share
$0.25
YoY+5.2%
QoQ0.0%

InvenTrust Properties Corp. paid $0.25 per share in dividends in Q2 2026. This represents an increase of 5.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
78M
YoY+0.5%
QoQ+0.1%
5Y CAGR+1.8%
10Y CAGR-21.4%

InvenTrust Properties Corp. had 78M shares outstanding in Q2 2026. This represents an increase of 0.5% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Operating Margin
-13.6%
QoQ-1.8pp
5Y change-8.3pp

InvenTrust Properties Corp.'s operating margin was -13.6% in Q2 2026, reflecting core business profitability. Against the prior quarter it is down 1.8 percentage points. No change is given against Q2 2025: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Net Margin
1.7%
QoQ-4.6pp
5Y change-1.2pp

InvenTrust Properties Corp.'s net profit margin was 1.7% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is down 4.6 percentage points. No change is given against Q2 2025: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Return on Equity
0.1%
YoY-5.2pp
QoQ-0.2pp
5Y change0.0pp
10Y change-7.6pp

InvenTrust Properties Corp.'s ROE was 0.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

IVT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVT quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$82.8M+12.6%$82.6M+11.9%$77.4M+8.6%$74.5M+8.7%$73.6M+9.1%$73.8M+10.4%$71.2M+10.1%$68.5M+7.0%
SG&A Expenses$8.9M+2.7%$9.3M+9.0%$9.4M+11.3%$8.3M+2.3%$8.7M+0.5%$8.5M+7.2%$8.4M0.0%$8.1M+6.9%
Operating Income-$11.3M-113.5%-$9.8M-26.6%-$8.5M-227.8%-$7.3M+43.0%$83.5M+1009.1%-$7.7M+12.1%-$2.6M+57.6%-$12.8M-80.1%
EBITDA$27.4M-76.1%$26.6M+16.2%$25.9M-1.3%$25.4M+65.9%$114.2M+482.7%$22.9M+18.1%$26.3M+19.5%$15.3M-33.9%
Interest Expense$11.3M+35.7%$10.1M+21.2%$8.9M+6.3%$9.0M-5.3%$8.3M-13.4%$8.3M-13.6%$8.4M-13.8%$9.5M-0.9%
Net Income$1.4M-98.6%$5.2M-23.7%$2.7M-72.8%$6.0M+1218.0%$95.9M+6304.7%$6.8M+134.2%$9.8M+239.1%-$539K+34.4%
EPS (Basic)$0.02-98.4%$0.07-22.2%$0.04-69.2%$0.08+900.0%$1.24+6100.0%$0.09+125.0%$0.13+225.0%-$0.010.0%
EPS (Diluted)$0.02-98.4%$0.07-22.2%$0.03-76.9%$0.08+900.0%$1.23+6050.0%$0.09+125.0%$0.13+225.0%-$0.01
Diluted Shares (Avg)79M+0.6%78M+0.3%N/A78M+14.6%78M+14.6%78M+14.5%N/A69M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

IVT Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVT quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$3.0B+12.0%$2.9B+10.7%$2.8B+5.8%$2.7B+4.4%$2.7B+10.1%$2.6B+5.2%$2.6B+6.0%$2.6B+3.6%
Cash & Equivalents$74.9M-74.5%$34.4M-59.3%$40.5M-55.6%$76.4M-62.3%$294.0M+691.9%$84.6M+12.6%$91.2M-8.6%$202.8M+94.8%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$39.6M+12.7%$36.5M+8.0%$37.5M+3.7%$39.5M+13.4%$35.2M+13.9%$33.8M+13.5%$36.1M+2.2%$34.8M+2.6%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$1.3B+43.0%$1.1B+28.7%$994.4M+13.5%$925.6M+7.0%$887.2M-4.0%$860.7M-7.3%$875.9M-6.1%$865.3M-9.7%
Long-Term Debt$1.1B+46.7%$952.2M+28.5%$825.9M+11.5%$764.6M+3.3%$746.3M-8.1%$740.7M-10.5%$740.4M-9.1%$740.1M-11.3%
Total Equity$1.8B-3.1%$1.8B+1.9%$1.8B+1.9%$1.8B+3.1%$1.8B+18.7%$1.7B+12.7%$1.8B+13.3%$1.8B+11.7%

Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.

IVT Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVT quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$53.9M+10.8%$20.2M+0.1%$42.7M+15.6%$43.8M+14.0%$48.7M+4.3%$20.2M+36.3%$37.0M+24.0%$38.4M+5.8%
Depreciation & Amortization$38.7M+25.8%$36.4M+18.9%$34.4M+19.3%$32.7M+16.4%$30.7M+6.8%$30.6M+8.7%$28.9M+2.7%$28.1M-7.2%
Stock-Based Compensation$2.8M+3.5%$2.8M+1.3%N/A$2.7M+5.4%$2.7M+5.9%$2.8M+26.2%N/A$2.6M+9.9%
Investing Cash Flow-$136.0M-170.7%-$128.3M-1706.2%-$90.6M+31.5%-$239.6M-671.9%$192.3M+458.9%-$7.1M+70.0%-$132.3M-3636.0%-$31.0M-2007.6%
Financing Cash Flow$122.5M+488.5%$101.9M+616.8%$12.0M+173.6%-$21.9M-113.9%-$31.5M-1.5%-$19.7M-24.9%-$16.3M+46.9%$158.2M+1185.1%
Dividends Paid$19.5M+5.7%$18.4M+5.4%$18.4M+5.7%$18.4M+20.0%$18.4M+20.0%$17.5M+20.0%$17.5M+19.9%$15.4M+5.6%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

IVT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVT quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Margin-13.6%-11.8%-1.4pp-11.0%-7.3pp-9.8%+8.9pp113.5%-10.5%+2.7pp-3.6%+5.8pp-18.7%-7.6pp
Net Margin1.7%6.3%-2.9pp3.4%-10.3pp8.1%+8.9pp130.4%9.2%+4.9pp13.8%+9.3pp-0.8%+0.5pp
Return on Equity0.1%-5.2pp0.3%-0.1pp0.1%-0.4pp0.3%+0.4pp5.3%+5.2pp0.4%+0.2pp0.6%+0.4pp0.0%0.0pp
Return on Assets0.1%-3.5pp0.2%-0.1pp0.1%-0.3pp0.2%+0.2pp3.5%+3.5pp0.3%+0.1pp0.4%+0.3pp0.0%0.0pp
Debt-to-Equity0.62+0.2x0.54+0.1x0.460.0x0.420.0x0.41-0.1x0.42-0.1x0.42-0.1x0.42-0.1x
Asset Turnover0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x

Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
InvenTrust Properties Corp. IVT FY2025 $299.2M $111.4M 37.2% $2.3B 69/100
Curbline Properties Corp. CURB FY2025 $182.9M $39.9M 21.8% $3.1B 51/100
UBRAN EDGE PROPERTIES UE FY2025 $471.9M $93.5M 19.8% $2.6B 47/100
Four Corners Property Trust, Inc. FCPT FY2025 $294.1M $112.4M 38.2% $2.3B 45/100
Acadia Realty Trust AKR FY2025 $410.8M $16.9M 4.1% $2.7B 61/100
Phillips Edison & Company, Inc. PECO FY2025 $726.6M $111.3M 15.3% $5.3B 48/100

Frequently Asked Questions

What is InvenTrust Properties Corp.'s annual revenue?

InvenTrust Properties Corp. (IVT) reported $299.2M in total revenue for fiscal year 2025. This represents a 9.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is InvenTrust Properties Corp.'s revenue growing?

InvenTrust Properties Corp. (IVT) revenue grew by 9.2% year-over-year, from $274.0M to $299.2M in fiscal year 2025.

Is InvenTrust Properties Corp. profitable?

Yes, InvenTrust Properties Corp. (IVT) reported a net income of $111.4M in fiscal year 2025, with a net profit margin of 37.2%.

InvenTrust Properties Corp. (IVT) reported diluted earnings per share of $1.42 for fiscal year 2025. This represents a 647.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

InvenTrust Properties Corp. (IVT) had EBITDA of $188.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, InvenTrust Properties Corp. (IVT) had $40.5M in cash and equivalents against $825.9M in long-term debt.

InvenTrust Properties Corp. (IVT) had an operating margin of 20.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

InvenTrust Properties Corp. (IVT) had a net profit margin of 37.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, InvenTrust Properties Corp. (IVT) paid $0.95 per share in dividends during fiscal year 2025.

InvenTrust Properties Corp. (IVT) has a return on equity of 6.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

InvenTrust Properties Corp. (IVT) generated $155.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

InvenTrust Properties Corp. (IVT) had $2.8B in total assets as of fiscal year 2025, including both current and long-term assets.

InvenTrust Properties Corp. (IVT) had 78M shares outstanding as of fiscal year 2025.

InvenTrust Properties Corp. (IVT) had a debt-to-equity ratio of 0.46 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

InvenTrust Properties Corp. (IVT) had a return on assets of 4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

InvenTrust Properties Corp. (IVT) trades at 150x earnings, its market capitalization divided by net income of $15.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.3B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

InvenTrust Properties Corp. (IVT) trades at 7.2x sales, its market capitalization divided by revenue of $317.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.3B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

InvenTrust Properties Corp. (IVT) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

InvenTrust Properties Corp. (IVT) has an earnings quality ratio of 1.39x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

InvenTrust Properties Corp. (IVT) has an interest coverage ratio of 1.74x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

InvenTrust Properties Corp. (IVT) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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